Grail (GRAL) Tax Rate (2023 - 2026)

Grail's (GRAL) quarterly Tax Rate came in at 26.93% in Q1 2026, down 53.0% YoY from 57.29% in Q1 2025, and up 80.91% on a QoQ basis from 14.88% in Q4 2025.

Grail (GRAL) Tax Rate (2023 - 2026) Analysis & Trends

Grail (GRAL) has 4 years of Tax Rate data on file, last reported at 26.93% in Q1 2026.

  • Quarterly Tax Rate fell 53.0% year-over-year to 26.93% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.33% (up 1517.0% YoY) and the FY2025 annual result came in at 23.6%, up 1734.0% from the prior year.
  • Tax Rate rose to 26.93% in Q1 2026, from 14.88% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 27.46% in Q1 2025 to a low of 2.04% in Q4 2023.
  • A 4-year average of 15.49% and a median of 19.23% in 2025 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2024 — Tax Rate surged 2505 bps — and 2025, when it slumped 868 bps.
  • Tracing GRAL's Tax Rate over 4 years: stood at 2.85% in 2023, then surged by 727 bps to 23.57% in 2024, then slumped by 37 bps to 14.88% in 2025, then jumped by 81 bps to 26.93% in 2026.
  • The last three Tax Rate figures came in at 26.93% (Q1 2026), 14.88% (Q4 2025), and 25.05% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Thermo Fisher Scientific 213.78 Bn 209.71 Bn 8.34 Bn 8.68%
2 Danaher 139.83 Bn 135.48 Bn 3.61 Bn 19.29%
3 Idexx Laboratories 45.99 Bn 45.79 Bn 779.09 Mn 18.89%
4 Agilent Technologies 39.69 Bn 37.88 Bn 990.00 Mn 16.91%
5 Iqvia Holdings 39.31 Bn 37.23 Bn 1.44 Bn 19.93%
6 Natera 38.74 Bn 37.64 Bn 696.04 Mn -0.35%
7 Illumina 29.94 Bn 28.77 Bn 770.00 Mn 20.38%
8 Mettler Toledo International 28.55 Bn 28.50 Bn 650.22 Mn 19.52%
9 Quest Diagnostics 26.18 Bn 25.55 Bn 1.03 Bn 21.36%
10 Grail 3.00 Bn 2.17 Bn 19.54 Mn 26.93%

Historic Data

Download Data
DateValue
Mar 31, 2026 26.93%
Mar 31, 2026 26.93%
Mar 31, 2026 26.93%
Dec 31, 2025 14.88%
Dec 31, 2025 14.88%
Dec 31, 2025 14.88%
Sep 30, 2025 25.05%
Sep 30, 2025 25.05%
Sep 30, 2025 25.05%
Jun 30, 2025 25.43%
Jun 30, 2025 25.43%
Jun 30, 2025 25.43%
Mar 31, 2025 27.46%
Mar 31, 2025 27.46%
Mar 31, 2025 27.46%
Dec 31, 2024 23.57%
Dec 31, 2024 23.57%
Dec 31, 2024 23.57%
Sep 30, 2024 27.10%
Sep 30, 2024 27.10%